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Bitcoin surges nearly 8% past $78K on strong ETF inflows and Treasury bond buybacks

Market News
21 Aug 2026
Blockonomi
View Source
Bullish
Bitcoin surges nearly 8% past $78K on strong ETF inflows and Treasury bond buybacks

Bitcoin's price jumped 7.89% to $78,589, driven by $606 million in US spot Bitcoin ETF inflows and a Treasury move to double bond buybacks, signaling strong institutional support and improved liquidity. The rally pushed Bitcoin above the $75,000 breakout level, supported by a short squeeze that liquidated $709 million in shorts, accelerating the price rise. However, the market faces a key support zone between $75,000 and $76,000, with risks of a pullback to $70,740 or lower if ETF demand fades or profit-taking occurs. Regulatory clarity and upcoming Treasury auctions will also influence Bitcoin's near-term trajectory.

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Grail's stock jumps 55% after positive FDA advisory vote on Galleri cancer test.

Grail's stock jumps 55% after positive FDA advisory vote on Galleri cancer test.

Grail's stock surged 55% in one week following a positive FDA advisory committee vote on its Galleri multi-cancer early detection test, which was deemed safe and beneficial. Analyst Kyle Mikson raised the price target from $80 to $150, reflecting str...

Analyst Insights
Bullish
3 hours ago
Tiziana begins dosing ALS patients in Phase 2a trial of nasal antibody foralumab

Tiziana begins dosing ALS patients in Phase 2a trial of nasal antibody foralumab

Tiziana Life Sciences has dosed the first three patients in a Phase 2a trial testing foralumab, a nasal spray antibody, for treating early-stage ALS. The Healey ALS MyMatch BANYAN trial will enroll 44 patients to evaluate safety, tolerability, and im...

Market News
Bullish
4 hours ago
1911 Gold reports zero environmental incidents in 2025 at True North project, advancing mine restart plans.

1911 Gold reports zero environmental incidents in 2025 at True North project, advancing mine restart plans.

1911 Gold Corp released its first sustainability report for the True North Gold Project, showing zero environmental incidents and regulatory fines in 2025. The report highlights the company's commitment to safe, responsible operations and strong comm...

Market News
Bullish
4 hours ago
Flow tests at Namibia well show liquids-capable gas, advancing Kavango project towards investment decision

Flow tests at Namibia well show liquids-capable gas, advancing Kavango project towards investment decision

Reconnaissance Energy Africa's flow test samples from the Kavango West 1X Sidetrack well in Namibia indicate a thermogenic gas system with liquid potential, showing maturities from late oil to early gas. The company plans a horizontal test to confirm...

Market News
Bullish
4 hours ago
Qualcomm renews Apple patent deal, shares could rise 16% with new growth in data centers and automotive sectors.

Qualcomm renews Apple patent deal, shares could rise 16% with new growth in data centers and automotive sectors.

Qualcomm has renewed its Global Patent License Agreement with Apple, removing a major uncertainty for investors. The stock trades near $194 with a 24/7 Wall St. price target of $228.68, implying a 16.27% upside. Qualcomm's growth is driven by expandi...

Market News
Bullish
4 hours ago
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